$ALAB has shown potential support as its Relative Strength Index (RSI) remains above 50, while the 50-day moving average approaches the pivot area of $118-$120. The stock, which was initially highlighted at $80, has performed well, with one trader expressing interest in going long near $120. $ALAB is set to report earnings on February 10th, following a previous quarter where it announced record revenue of $113.1 million, reflecting a 47% increase quarter-over-quarter and a 206% increase year-over-year. However, there has been recent volatility, with the stock experiencing an 8% decline, prompting some traders to suggest waiting for lower prices due to bearish indicators. Despite this, there remains optimism about the upcoming earnings report.